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WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
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Earthworks Industries Inc. - NORTH BAY SETTLEMENT UPDATE

By The Northwire Desk — AI Analysis Mar 17, 2026 · 09:00 EWK · 0.04 Earthworks Industries Inc.
EWK · Price

Executive Summary

  • Earthworks Industries Inc. and North Bay Corporation executed a Supplemental Agreement converting the entirety of North Bay’s outstanding debt into equity.
  • Under the agreement, North Bay will receive 13,146,057 shares of Earthworks Industries.
  • The conversion eliminates the debt obligation, strengthening Earthworks’ balance sheet.

Key Details

  • The original conversion arrangement was disclosed in a November 20 2025 news release.
  • The Supplemental Agreement dated March 4 2026 finalizes the terms and share count.
  • No cash consideration is involved; the settlement is purely equity‑based.
  • The transaction does not trigger any immediate dilution beyond the issuance of the 13,146,057 shares to North Bay.
  • Earthworks Industries filed the release with Canada Newswire; standard disclaimer notes that TSX‑V and its regulator do not verify the adequacy or accuracy of the release.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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